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Empire Company Limited (EMP-A.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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38.47+0.11 (+0.29%)
At close: 4:00PM EDT

Empire Company Limited

115 King Street
Stellarton, NS B0K 1S0
Canada
902 752 8371
http://www.empireco.ca

Sector(s)Consumer Defensive
IndustryGrocery Stores
Full Time Employees134,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael Bennett MedlinePres, CEO & Director3.9MN/A1963
Mr. Michael H. VelsChief Financial Officer1.72MN/A1962
Mr. Pierre St-LaurentExec. VP & COO - Full Service1.59MN/AN/A
Mr. Simon GagnéExec. VP & Chief HR Officer1.39MN/AN/A
Mr. Vivek SoodExec. VP of Related Bus.es978.35kN/AN/A
Katie BrineDirector of Investor RelationsN/AN/AN/A
Mr. Douglas B. NathansonSr. VP, Gen. Counsel & Sec.N/AN/AN/A
Ms. Sandra SandersonSr. VP of MarketingN/AN/AN/A
Adam SheparskiSr. VP of Fin.N/AN/AN/A
Mr. Mohit GroverSr. VP of Innovation, Sustainability & StrategyN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises approximately 1,500 retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and approximately 350 retail fuel locations, as well as operates grocery e-commerce stores under the banners, such as Voilà by Sobeys, Grocery Gateway, IGA.net, and ThriftyFoods.com. It also owns interest in the Crombie Real Estate Investment Trust, an open-ended real estate investment trust to own, operate, and develop a portfolio of grocery and pharmacy-anchored shopping centers, freestanding stores, and mixed use developments; and various equity accounted interests in Genstar partnerships that develop residential real estate properties in Ontario, Western Canada, and the United States. The company was founded in 1907 and is headquartered in Stellarton, Canada.

Corporate Governance

Empire Company Limited’s ISS Governance QualityScore as of July 1, 2021 is 8. The pillar scores are Audit: 6; Board: 7; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.